The exam was what I expected. Some questions were manageable, other questions you’d have to memorize the CFAI text to get them right. The worst part about post-exam life is randomly remembering some of the exam questions. I don’t know about you guys, but it seems like the questions I am remembering I got wrong! In all reality though, we can still get 30+ questions wrong in each session.
I was Band 10 in June (felt better leaving the exam this time around). If I fail, I am done.
Some questions take 35 secs and the others maybe 80 secs, in average if you go fast and don’t stop in any question you can do in average of 60 secs, and then obiously do the review
Yes it was an enjoyable experience and even if I fail, I learned a lot.
did everyone really feel like ethics was hard? I really felt like it was much more straightforward and easy than the practice questions i did. Then again i probably did ~500 ethics practice questions…
Definitely easier that Qbanks and mocks, with the exception of a few questions. Ive done all the Ethics Qbank questions and was hitting in the mid to high 80s prior to the exam.
I would agree. I thought for the most part the ethics section was straightforward. There were a few curveballs, but that was to be expected.
so i am scoring around 70% with horrible marks in ethics am basically frucked right? 
It is likely that if you score around 70% you will just pass…MPS is likely a little bit lower than 70% although no one really knows.
even with horrible marks in ethics? i used conservative estimates and my scores are 87 in am and 90 in p.m i used really conservative marks in econ and ethics… 7,8 in econ and 9,11 in ethics
hmmm so we all can get about 75 questions wrong…thinking about it that way makes me feel better
true, that does put things in “better” perspective…kind of anyways.
What about those numbers makes you think you are even borderline failing? You just scored yourself at a 74% using “conservative” estimates. Is something wrong with my math? Above 70% you are not failing this exam.
For what it’s worth, The CFA blog, 300Hours, did a study that aggregated 40/60/80 scores and found MPS for level 1 is probably closer to 64% than 70%. Not saying it is completely true, but it provides some perspective.
This whole MPS issue is driving me nuts. Has it every really been as low as 64%?
Nobody knows and will never know
Well,one thing is of sure that we paid toooo much to wait this long for the results…!!..I am getting eager for my results(so that I can take a shot at LII starting early) and its really very unpleasant to know that we still have nearly two more months to wait…!!!Surely these two months will be more than two decades for me…!
I’m calling BS on this.
I’ve taken many exams, too. I’ve taken four parts of the CPA exam, the CRPC exam (which was a joke), the Series 7, 66, and 31 exams. I’ve taken all three levels of the CFA exam.
The CFA exam is much more well-written than any other exam I have ever taken. It doesn’t matter what “tricks” you think you know. If you are not prepared for this exam, then you will fail.
More so than any other exam I’ve ever taken, CFA Institute is really really really good and coming up with “wrong” answers. In fact, their wrong answers are the best in the business. So whatever you do, don’t go into the test thinking, “Well, I will be able to eliminate one wrong answer, then take an educated guess between the other two.” It doesn’t work like that with CFA exams. You will be faced with three really good answers–but only one correct answer.
64% would be consistent with what has been considered “passing” for most of my academic career (in the US). I can’t, however, personally agree with the idea that someone who gets 65% correct actually knows the material, especially when 33% is essentially given to you.
haha have to agree with you greenman. Dude must be trolling calling himself a “master test taker”
there will be some stupid mistakes…like reading most likely as least likely.calculation errors etc so dnt u think i should make a downside provision of 5%